Thursday, September 25, 2025

Business News

Shares drop on profit-taking; peso up

Share prices ended lower Monday on profit taking. The peso closed up. The Philippine Stock Exchange index (PSEi) was down 84.92 points, a 1.27 percent drop...

Oil prices drop for 3rd week

Local oil retailers  rolled back prices for the third consecutive week. Seaoil reduced per liter prices by P2.20 on gasoline, P2.70 on diesel and P2.55 on kerosene. PTT and Clean Fuel adjusted per liter prices downward by...

EdgePoint activates first tower colocation tenancy site in Luzon

EDGEPOINT Infrastructure, a leading Asean-based independent telecommunications infrastructure company, through its unit, EdgePoint Towers Inc. (EdgePoint Philippines) has activated its first tower colocation tenancy...

Meralco subsidiary hikes RE power supply offtake

MANILA Electric Co. (Meralco) said its local retail electricity supplier unit, MPower, will be adding more renewable energy sources in its supply portfolio. The company...

SCTEX posts record-high P3.26B revenue

TOLL revenues from the Subic-Clark-Tarlac Expressway (SCTEX) hit P3.26 billion in 2022, posting the highest collections since the road network was opened to the...
spot_imgspot_img